China's Safe/PBoC further liberalise capital accounts
China’s central bank and FX regulator have promised to make life easier for corporates looking for cheaper funding offshore. The policies are promising but the details are sketchy.
On April 29 China’s foreign exchange regulator, the State Administration of Foreign Exchange (Safe), said on its website it had enacted several measures to buoy capital inflows and provide tools for banks to hedge against foreign currencies.
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